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This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10013028508
psychology. -- subjective well-being ; comparison income ; income rank ; generalized ordered response model …
Persistent link: https://www.econbiz.de/10009545254
income effects. In West Germany, they cancel out to give no effect of comparison income on life satisfaction in the whole … comparison effect in the whole sample for both West Germany and the UK. The residual age-happiness relationship is hump-shaped in …In contrast to previous results combining all ages, we find positive effects of comparison income on happiness for the …
Persistent link: https://www.econbiz.de/10010533126
In contrast to previous results combining all ages we find positive effects of comparison income on happiness for the … income effects. In GSOEP they cancel to give no effect of effect of comparison income on life satisfaction in the whole …
Persistent link: https://www.econbiz.de/10009756035
People gain utility from occupying a higher ranked position in the income distribution of the reference group. This paper investigates whether these gains depend on an individual's set of non-cognitive skills. Using the 2000-2008 waves of the German Socioeconomic Panel dataset (SOEP), a...
Persistent link: https://www.econbiz.de/10013107253
People gain utility from occupying a higher ranked position in the income distribution of the reference group. This paper investigates whether these gains depend on an individual's set of non-cognitive skills. Using the 2000-2008 waves of the German Socioeconomic Panel dataset (SOEP), a...
Persistent link: https://www.econbiz.de/10013108266
This paper applies the German Socio-Economic Panel to analyse the effect of within household in-come comparison on … income comparison forindividual happiness. Wives (barely) outearning their husbands seem to signal ’competition’. …
Persistent link: https://www.econbiz.de/10012820346
This paper examines to what extent marital sorting affects cross-sectional earnings inequality in Germany over the past … based on a structural model of household labor supply. For West Germany, a positive effect of marital sorting on inequality … participation. In East Germany, the impact of marital sorting on inequality is highly disequalizing irrespective of adjusting for …
Persistent link: https://www.econbiz.de/10013017999
When comparing tax benefit systems across Europe, Germany is usually regarded as a country with a high level of taxes … the ongoing policy debate in Germany. In this paper, we compare the progressivity and redistribution induced by the tax …
Persistent link: https://www.econbiz.de/10014218385
rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … highest and most equally distributed homeownership in this country as well. The mortgage market in Germany is on the other …
Persistent link: https://www.econbiz.de/10014219952